Retard Alert

[Anonymous No.56172638]

What does it mean that the BTC hash rate (??) keeps going up and is at an all time high? Is it bad or good?

[Anonymous No.56172648]

very bad, it's over

[Anonymous No.56172674]

>>56172638
i smoke a lot of weed anon so im somewhat of an expert. if you smoke hash at a larger rate then you can get super high. if btc has a higher hash rate i expect the price to get super high too

[Anonymous No.56172771]

>>56172638
check may 2021

[Anonymous No.56172855]

>>56172674
People still smoke hash?

[Anonymous No.56172866]

>>56172638
when the black and yellow lines cross it'll actually be officially over

[Anonymous No.56172879]

>>56172866
omg pls no why

[Anonymous No.56174652]

how do I get a chainlink token out of my rectum?

[Anonymous No.56177077]

Not one of you retards can even give a coherent answer ...pathetic

[Anonymous No.56177328]

>>56177077
The network is growing. The value of POW mining is increasing. Progressive competition over a fixed deflationary supply is an inevitable outcome. Exasperated by a cost of living crisis, with increasing automation, inflation and masterbation. Basically, yellow line up good. Yellow line up when black line sideways/down, even more signs of resilience.

[Anonymous No.56178993]

>>56172638
>What does it mean that the BTC hash rate (??) keeps going up and is at an all time high? Is it bad or good?

It means miners believe in the long-term success of Bitcoin. As does anyone else with a functioning brain (so no poojeet shitcoin mongers).

[Anonymous No.56179047]

>>56172638
We're an all time high
We'll change all that's gone before
Doing so much more than falling in love
On an all time high
We'll take on the world and wait
So hold on tight, let the flight begin

https://www.youtube.com/watch?v=7JrBm463Nrg

[Anonymous No.56179075]

>>56177077
i would say a new line of asics is available.

[Anonymous No.56180108]

>>56179075
This. Compute has become faster and cheaper, so more hashing can be done for same electricity costs.
At the same time, electricity itself is probably getting cheaper too? historically it always has. Make a graph of total electricity cost of mining, and adjust it for inflation, and then see what the trend is.

[Anonymous No.56180119]

>>56172638
It means this shit better go up in price or all these miners are going to dump a fuckton of Bitcoin on the market to pay their bills

[Anonymous No.56180130]

>>56172638
Pretty bad, MARA is super bearish on the prospects of continued mining.

[Anonymous No.56180183]

>>56172674
>>56172855
What's the difference between good ole hash and that wax, dabs, or shatter that the kids all smoke?

[Anonymous No.56180289]

>>56180108
This + lots of investments in ASIC companies from 2021 now comes online. Both investments into producing and also operating Asics.

The fake and gay part is that they all assume number go up.

[Anonymous No.56180922]

>>56180183
I think its just different concentration methods essentially, with I assume wax being much higher since it can go to like 80-90% or probably even higher

[Anonymous No.56182541]

>>56180183
naggers run ethanol and other solvents through cannabis to make shatter and garbage wax

a rosen press uses heat and pressure to make very high quality dabs ooze out of the nug

hash is made by taliban and al'qaeda jihadis stepping on weed with their sandy feet until its a black brick of kief and poo

pick your poison, its all degen garbage

[Anonymous No.56182651]

It is bad because tens of thousands of people are dying of the emissions it causes.

[Anonymous No.56183796]

>>56180119
This... It's this fucking simple...

[Anonymous No.56184177]

>>56182541
Resin press is the obvious choice then. Just squish the plant oils out.

[Anonymous No.56184217]

>>56180108
Yeah. Compared to the total computing power, the bitcoin hash rate is going down

[Anonymous No.56185683]

>>56172866
The axis are on two different units their relative level is arbitrary